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Tourism Minister: Cyprus tourism is seeing comprehensive upgrade thanks to investment
July 7, 2021
“Investment in Cyprus tourism will be socially immersive – this means that it will benefit the whole island,” Cyprus Deputy Minister for Tourism Savas Perdios told the Invest Cyprus Tourism and Hospitality International Investment Summit.
“In the past, Cyprus tourism has been concentrated at 75 per cent for sun and sea tourists. We wish to change this to 60 per cent, with 40 per cent targeting other destinations and activities.”
This will lead to a comprehensive upgrade, he added. Finance Minister Constantinos Petridis agreed, noting that the island’s economy is on the way to recovery with near four per cent growth in 2021.